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Image header Agence Europe
Europe Daily Bulletin No. 12435
Contents Publication in full By article 13 / 29
COURT OF JUSTICE OF THE EU / Consumers

Requiring a borrower to domicile their income in an account of bank which provided a loan infringes EU law, according to Advocate-General

The French rule, which allows a bank to require a borrower – in return for an individualised advantage – to direct their salary or similar income to a payment account for a period fixed by the loan contract, are not in conformity with European Union law, said Advocate-General Henrik Saugmandsgaard Øe in his Opinion delivered on Thursday 27 February (Case C-778/18).

A dispute has arisen between the Association française des usagers de banques (AFUB), a consumer association, and the...

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BEACONS
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SECTORAL POLICIES
COURT OF JUSTICE OF THE EU
SECURITY - DEFENCE
COUNCIL OF EUROPE
NEWS BRIEFS